Login
or
Register
Home
»
Trains Magazine
»
Forums
»
Passenger
»
Fred W. Frailey: The curtain goes down on U.S. high speed rail
Edit post
Edit your reply below.
Post Body
Enter your post below.
<p style="margin: 0in 0in 0pt;" class="MsoNormal"><span style="font-family: verdana,geneva;"><span style="font-size: small;">Henry,</span></span></p> <p style="margin: 0in 0in 0pt;" class="MsoNormal"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"> <o:p></o:p></span></span></span></p> <p style="margin: 0in 0in 0pt;" class="MsoNormal"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;">Americans don’t need the "S" in HSR to define socialism.<span style="mso-spacerun: yes;"> </span>They can clearly see that they are about to be suffocated by socialism in every new policy coming at them.<span style="mso-spacerun: yes;"> </span>HSR is just one facet of it.<span style="mso-spacerun: yes;"> </span>And I disagree with your assessment that people are only opposing HSR because they personally resent somebody getting a free train ride.<span style="mso-spacerun: yes;"> </span>It is not about personal grudges.<span style="mso-spacerun: yes;"> </span></span></span></span></p> <p style="margin: 0in 0in 0pt;" class="MsoNormal"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"> <o:p></o:p></span></span></span></p> <p style="margin: 0in 0in 0pt;" class="MsoNormal"><span style="font-family: verdana,geneva;"><span style="font-size: small;">Paul,</span></span></p> <p style="margin: 0in 0in 0pt;" class="MsoNormal"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"> <o:p></o:p></span></span></span></p> <p style="margin: 0in 0in 0pt;" class="MsoNormal"><span style="font-family: verdana,geneva;"><span style="font-size: small;">You said this:</span></span></p> <p style="margin: 0in 0in 0pt;" class="MsoNormal"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"> <o:p></o:p></span></span></span></p> <p style="margin: 0in 0in 0pt;" class="MsoNormal"><span style="font-family: verdana,geneva;"><span style="font-size: small;"><span style="color: #888888;"><span style="background-color: #888888;"><span style="color: #3366ff;"><span style="background-color: #ffffff;">“…but what is the correct action at this juncture -- to spend money we don't have on more projects, worthwhile they may be? Yes we can borrow and run deficits, but when the accumulated deficit reaches around 100% of GNP, you are pretty much maxed out because the interest payments are going to bleed you white.”</span></span></span></span></span></span></p> <p style="margin: 0in 0in 0pt;" class="MsoNormal"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"> <o:p></o:p></span></span></span></p> <p style="margin: 0in 0in 0pt;" class="MsoNormal"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;">Not according to the proponents of economic stimulus.<span style="mso-spacerun: yes;"> </span>We are being told that the solution to our economic problems is indeed to spend more money that we don’t have.<span style="mso-spacerun: yes;"> </span>That is the magic of stimulus.<span style="mso-spacerun: yes;"> </span>It takes a dollar and turns it into two dollars.<span style="mso-spacerun: yes;"> </span></span></span></span></p> <p style="margin: 0in 0in 0pt;" class="MsoNormal"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"> <o:p></o:p></span></span></span></p> <p><span style="font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;"><span style="font-family: verdana,geneva;"><span style="font-size: small;">You say this downturn is just another cycle that we will come out of.<span style="mso-spacerun: yes;"> </span>I would not be so sure of that.<span style="mso-spacerun: yes;"> </span>It might be just a cycle of some sort, but there are some cycles that begin and end nations.<span style="mso-spacerun: yes;"> </span></span></span></span></p>
Tags (Optional)
Tags are keywords that get attached to your post. They are used to categorize your submission and make it easier to search for. To add tags to your post type a tag into the box below and click the "Add Tag" button.
Add Tag
Update Reply
Join our Community!
Our community is
FREE
to join. To participate you must either login or register for an account.
Login »
Register »
Search the Community
Newsletter Sign-Up
By signing up you may also receive occasional reader surveys and special offers from Trains magazine.Please view our
privacy policy
More great sites from Kalmbach Media
Terms Of Use
|
Privacy Policy
|
Copyright Policy